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Nonprofiteer
← NORTHERN INDIANA COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by NORTHERN INDIANA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$9,253,567
Total expenses
$4,705,439
Contributions and grants received
$3,722,677
Grants paid
$2,179,015
Program service revenue
$1,031,899
Investment income
$4,379,478
Other revenue
$119,513
Total assets, end of year
$68,621,930
Total liabilities, end of year
$4,084,883
Net assets or fund balances, end of year
$64,537,047
Program services expenses (Part IX)
$2,762,287
Management and general expenses
$1,503,214
Fundraising expenses
$439,938
Program service expenses (Part III)
$2,762,287

Program services were 58.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,722,677

  • 1g · Noncash contributions included above

    $58,224

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $1,031,899 · excluded $1,031,899

  • 3 · Investment income

    total $2,315,243 · excluded $2,315,243

  • 7a · Gross sales of assets other than inventory

    securities $10,537,760

  • 7b · Less cost or other basis and sales expenses

    securities $8,473,525

  • 7c · Gain or loss

    securities $2,064,235

  • 7d · Net gain or loss

    total $2,064,235 · excluded $2,064,235

  • 11a · Other revenue: AMRT OF DISCOUNT ON TRUST REC

    total $115,158 · excluded $115,158

  • 11b · Other revenue: MISCELLANEOUS

    total $4,355 · excluded $4,355

  • 11e · Other revenue, total

    $119,513

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,696,197 · program services $1,696,197

  • 2 · Grants to domestic individuals

    total $482,818 · program services $482,818

  • 5 · Compensation of officers, directors and key employees

    total $145,812 · program services $51,034 · management and general $37,911 · fundraising $56,867

  • 7 · Other salaries and wages

    total $437,985 · program services $153,295 · management and general $113,876 · fundraising $170,814

  • 8 · Pension plan contributions

    total $32,169 · program services $11,259 · management and general $8,364 · fundraising $12,546

  • 9 · Other employee benefits

    total $62,431 · program services $21,851 · management and general $16,232 · fundraising $24,348

  • 10 · Payroll taxes

    total $47,331 · program services $16,566 · management and general $12,306 · fundraising $18,459

  • 11a · Fees: management

    total $1,031,753 · management and general $1,031,753

  • 11c · Fees: accounting

    total $46,023 · program services $16,108 · management and general $11,966 · fundraising $17,949

  • 11f · Fees: investment management

    total $212,069 · management and general $212,069

  • 13 · Office expenses

    total $23,231 · program services $8,131 · management and general $6,040 · fundraising $9,060

  • 16 · Occupancy

    total $25,480 · program services $8,918 · management and general $6,625 · fundraising $9,937

  • 19 · Conferences, conventions and meetings

    total $50,595 · program services $17,708 · management and general $13,155 · fundraising $19,732

  • 20 · Interest

    total $236 · management and general $236

  • 22 · Depreciation, depletion and amortization

    total $25,743 · program services $9,010 · management and general $6,693 · fundraising $10,040

  • 23 · Insurance

    total $11,811 · program services $4,134 · management and general $3,071 · fundraising $4,606

  • 24a · Other expenses: DIRECT PROGRAM SUPPORT

    total $237,226 · program services $237,226

  • 24b · Other expenses: LEASE EXPENSE

    total $71,197 · program services $24,919 · management and general $18,511 · fundraising $27,767

  • 24c · Other expenses: OTHER FUNDRAISING EXPENSE

    total $54,345 · fundraising $54,345

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $8,893 · program services $3,113 · management and general $2,312 · fundraising $3,468

  • 24e · All other expenses

    total $2,094 · management and general $2,094

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100 · end of year $100

  • 2 · Savings and temporary cash investments

    beginning of year $1,528,857 · end of year $3,199,414

  • 3 · Pledges and grants receivable

    beginning of year $3,563,276 · end of year $3,678,434

  • 4 · Accounts receivable

    beginning of year $99,103 · end of year $99,103

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,556 · end of year $33,815

  • 10a · Land, buildings and equipment: cost or other basis

    $513,419

  • 10b · Land, buildings and equipment: accumulated depreciation

    $177,467

  • 10c · Land, buildings and equipment, net

    beginning of year $351,635 · end of year $335,952

  • 11 · Investments: publicly traded securities

    beginning of year $55,603,532 · end of year $61,001,890

  • 15 · Other assets

    beginning of year $329,680 · end of year $273,222

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,572 · end of year $12,178

  • 25 · Other liabilities

    beginning of year $4,120,552 · end of year $4,072,705

  • 27 · Net assets without donor restrictions

    beginning of year $1,313,832 · end of year $1,351,880

  • 28 · Net assets with donor restrictions

    beginning of year $56,061,783 · end of year $63,185,167

Mission and programs · 2024

Mission

OUR MISSION IS TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES BY ASSISTING DONORS IN FULFILLING THEIR CHARITABLE WISHES FOREVER.

  • THE FOUNDATION IS DEDICATED TO EDUCATING, COMMUNICATING AND CELEBRATING COMMUNITY SPIRIT THROUGH THE GENEROUSITY OF OUR DONORS. IN 2024, 180 SCHOLARSHIPS WERE AWARDED ALONG WITH GRANTS TO MANY NOT-FOR-PROFITS. THE PURPOSE OF THE GRANTS WERE ARTS/CULTURE, EDUCATION, HEALTH, ENVIRONMENT, HUMAN SERVICES, COMMUNITY DEVELOPMENT AND YOUTH.

    Expenses $2,536,889 · Grants $2,000,279 · Revenue $773,924

  • THE FOUNDATION HOLDS SEVERAL NON-PERMANENT FUNDS FOR LOCAL AGENCIES AND PROJECTS. THIS GIVES THE AGENCIES AND PROJECTS ACCOUNTABILITY TO THEIR DONORS.

    Expenses $225,398 · Grants $178,736 · Revenue $257,975

As filed on the 2024 return.

Listed in Part VII

  • Jay Albright

    EXECUTIVE DI

    Total calculated
    $154,437
    From this org
    $145,812
    From related orgs
    $0
    Other
    $8,625
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,812
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $8,625
    Filer's total
    $154,437

  • Doug Kuepper

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kent Burton

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Penny Ramsey

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jodi Wynn

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lyn Altman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matt Feller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Casey Householder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Caroline Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Kuhn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Linda Leasure

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Long

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jill Miles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cheryl Orkis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shirley Rippy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judy Shrock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.0
Source object
202532959349301458

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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